What is a nation's cash inflow (outflow) on its current account and its capital account given the following information? Was there a net currency inflow or outflow? 1. Bahari sells 50,000 printed t-shirts to Old Navy for $300 2. Pete sends $50 to her cousin in Chicago via Western Union 3. Julian Believe purchased stock in Believe Wine for $220 4. Patrick is paid $60 for his business consult with Delta Airlines 5. Instagram sends Shenique $40 in dividends to her BOB account 6. Kodak Programming sells software design to Mr. Photo for $20 7. Panther transferred Cable Beach Golf course for $180 to the PGA Tour Co. 8. General Motors off boards 5 assembly line robots to BPL for $500

What is a nation's cash inflow (outflow) on its current account and its capital account given the following information? Was there a net currency inflow or outflow? 1. Bahari sells 50,000 printed t-shirts to Old Navy for $300 2. Pete sends $50 to her cousin in Chicago via Western Union 3. Julian Believe purchased stock in Believe Wine for $220 4. Patrick is paid $60 for his business consult with Delta Airlines 5. Instagram sends Shenique $40 in dividends to her BOB account 6. Kodak Programming sells software design to Mr. Photo for $20 7. Panther transferred Cable Beach Golf course for $180 to the PGA Tour Co. 8. General Motors off boards 5 assembly line robots to BPL for $500

Principles of Economics (MindTap Course List)

8th Edition

ISBN:9781305585126

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter31: Open-Economy Macroeconomics: Basic Concepts

Section: Chapter Questions

Problem 4PA

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